Fifth Third Bank 2011 Annual Report Download - page 77

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MANAGEMENT’S ASSESSMENT AS TO THE EFFECTIVENESS OF INTERNAL CONTROL OVER FINANCIAL REPORTING
Fifth Third Bancorp 75
The Bancorp conducted an evaluation, under the supervision and with the participation of the Bancorp’s management, including the Bancorp’s
Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the Bancorp’s disclosure controls and
procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act). Based on the foregoing, as of the end of the period
covered by this report, the Bancorp’s Chief Executive Officer and Chief Financial Officer concluded that the Bancorp’s disclosure controls and
procedures were effective, in all material respects, to ensure that information required to be disclosed in the reports the Bancorp files and submits
under the Exchange Act is recorded, processed, summarized and reported as and when required and information is accumulated and
communicated to management on a timely basis.
The management of Fifth Third Bancorp is responsible for establishing and maintaining adequate internal control, designed to provide
reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance
with accounting principles generally accepted in the United States of America. The Bancorp’s management assessed the effectiveness of the
Bancorp’s internal control over financial reporting as of December 31, 2011. Management’s assessment is based on the criteria established in the
Internal Control — Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission and was designed to
provide reasonable assurance that the Bancorp maintained effective internal control over financial reporting as of December 31, 2011. Based on
this assessment, management believes that the Bancorp maintained effective internal control over financial reporting as of December 31, 2011.
The Bancorp’s independent registered public accounting firm, that audited the Bancorp’s consolidated financial statements included in this annual
report, has issued an audit report on our internal control over financial reporting as of December 31, 2011. This report appears on page 76 of the
annual report.
The Bancorp’s management also conducted an evaluation of internal control over financial reporting to determine whether any changes
occurred during the year covered by this report that have materially affected, or are reasonably likely to materially affect, the Bancorp’s internal
control over financial reporting. Based on this evaluation, there has been no such change during the year covered by this report.
Kevin T. Kabat Daniel T. Poston
President and Chief Executive Officer Executive Vice President and Chief Financial Officer
February 29, 2012 February 29, 2012